Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.
Active
Listed by: Welcome Home Real Estate • Mark Noble
$200,000
74 Traverse Place, Rutland City, VT 05701
--beds
--baths
0.73Acres
Unimproved Land
Built in ----
0.73 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Easy access
- 354 days |
- 27 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Mark Noble,
Welcome Home Real Estate 802-446-4616
Source: PrimeMLS,MLS#: 5059844
Facts & features
Property
Features
- Frontage length: Road frontage: 99
Lot
- Size: 0.73 Acres
- Features: Near Golf Course, Neighborhood, City Lot, Condo Development, Level, Rental Complex
Details
- Parcel number: 54017014098
- Zoning description: mixed residential
Utilities & green energy
- Electric: At Street
- Sewer: Public Sewer at Street
- Utilities for property: Cable Available, Phone Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Tax assessed value: $30,100
- Annual tax amount: $1,039
- Date on market: 9/5/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,300/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Listed for sale | $200,000+344.4% |
Source:  PrimeMLS #5059844 Report a problem | ||
| 12/14/2020 | Sold | $45,000 |
Source: PrimeMLS #4810925 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $30,100 |
| 2023 | -- | $30,100 |
| 2022 | -- | $30,100 |
| 2021 | -- | $30,100 |
| 2020 | -- | $30,100 |
| 2019 | -- | $30,100 |
| 2018 | -- | $30,100 |
| 2017 | -- | $30,100 |
| 2016 | -- | $30,100 +9900% |
| 2015 | -- | $301 |
| 2014 | -- | $301 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- NARutland Northwest SchoolGrades: PK-2Distance: 0.5 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Rutland Northeast Primary Sch
- Middle: Rutland Middle School
- High: Rutland Senior High School
- District: Rutland City School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $209,000-- bd-- ba-- sqft76 Traverse Pl, Rutland, VT 05701Off Market
- $305,000-- bd-- ba-- sqft78 Traverse Pl, Rutland, VT 05701Sold
- $168,800-- bd-- ba-- sqft71 School St, Rutland, VT 05701Off Market
- $208,0003 bd2 ba1.5k sqft73 School St, Rutland, VT 05701Off Market
- $211,3005 bd2 ba2.2k sqft69 School St, Rutland, VT 05701Off Market
- $250,900-- bd-- ba-- sqft67 School St, Rutland, VT 05701Off Market
- $172,600-- bd-- ba-- sqft75 School St, Rutland, VT 05701Off Market
- $178,3006 bd2 ba2.3k sqft73 Traverse Pl, Rutland, VT 05701Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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